In Hong Kong, we build a global business empire

Chapter 228 Public Utility Listed Company Collectors

When Guo Desheng said this, it meant that he had decided to give up the acquisition of Kowloon Motor Bus. Next, his target would naturally be China Bus.

The gap between the two is not that big. It is better to be able to acquire China Bus than to have this acquisition attempt fail completely!
"Then, how about we discuss the stock swap between the two parties?" Lin Haoran said with a smile.

He can't wait to acquire the Kowloon Motor Bus shares held by Sun Hung Kai Properties.

Once he acquires this part of shares, his shareholding will exceed that of Mr. Lei Juekun, the current largest shareholder of Kowloon Motor Bus.

Although he may not be able to obtain controlling rights yet, he is already a major shareholder. As long as he acquires more shares, he will be able to completely take over Kowloon Motor Bus and become the new boss of Kowloon Motor Bus.

As for Guo Desheng, now that he has made up his mind, he obviously does not want to continue wasting time on the Kowloon Bus.

"I have a suggestion. How about we sell the shares to each other at the original price we each acquired them?" Guo Desheng said with a smile.

Exchanging stocks with each other is a win-win plan in itself, and there is no need to talk about making money from each other.

Guo Desheng actually suffered a disadvantage when he took the initiative to make this proposal.

After all, Sun Hung Kai Properties has put a lot of effort into Kowloon Motor Bus.

On the contrary, Lin Haoran's Universal Investment Company's acquisition of China Bus was only a temporary decision.

As a result, only a few people were sent, and in just one trading day, they had already absorbed 4.82% of China Bus shares.

Of course, the main reason is the right time, right place and right people.

The trading volume of China Motor Bus is very low, but the number of pending orders is far greater than the trading volume.

Just by absorbing the orders on the market, you can absorb a lot.

On the contrary, the competition for Kowloon Motor Bus stocks is fierce. Basically, the share price is constantly rising, and the buy orders are no less than the sell orders. As a result, the cost naturally continues to rise.

"Mr. Guo is indeed a straightforward person. It's settled then. Why don't we get this done today? That way, we can each work hard for our own goals tomorrow." Lin Haoran said with a smile.

"Of course!" Guo Desheng nodded in agreement.

"Mr. Guo, please lend me your phone so I can contact my securities manager to come over." Lin Haoran stood up and said.

"Pingxiang, take Mr. Lin to the next office to make a phone call." Guo Desheng gestured to Guo Bingxiang who was standing beside him.

"Mr. Lin, please follow me!"

More than 20 minutes later, Su Zhixue hurried to the Sun Hung Kai headquarters with the information.

"Mr. Guo, it's a pleasure to work with you!" After Su Zhixue, on behalf of Huanyu Investment Company, settled the share resale with the other party, Lin Haoran shook hands with Guo Desheng and said.

"Mr. Lin, I wish you success in taking over Kowloon Motor Bus!" Guo Desheng said with a hearty smile.

"Of course, I wish you success in taking over China Bus!" Lin Haoran responded with a smile.

At this moment, it seemed as if the two listed public utility companies could no longer escape from their control.

After the matter was settled, Lin Haoran and Su Zhixue said goodbye to Guo Desheng and Guo Bingxiang and returned to Wanqing Building.

"Boss, our shares in Kowloon Motor Bus have reached 31.33%. I think we can take the initiative and officially announce the acquisition of Kowloon Motor Bus to discourage third parties. Sun Hung Kai is no longer a competitor. This is good news for us. The biggest competitor is gone, but the Great Eagle Group is definitely still there, and we don't know how many shares they hold!" Su Zhixue proposed to the boss in Lin Haoran's office.

Before Lam Ho-ran became the largest shareholder of Kowloon Motor Bus, the largest shareholder of Kowloon Motor Bus was actually Lei Jue-kwan, who held about 22% of Kowloon Motor Bus shares.

However, Lei Juekun did not serve as the chairman of the board of directors of Kowloon Motor Bus, but only as a director of the company. Their focus was mainly on Kowloon Development, which was mainly engaged in real estate.

The chairman of the board of directors is another founder of Kowloon Motor Bus, Mr. Tang Siu-kin, but Mr. Tang Siu-kin actually does not hold many shares.

The founders and descendants of Kowloon Motor Bus are relatively united. The Lei Juekun family, the Lam Mingxun family, the Tang Siu-kin family, the Tam Woon-tang family, etc. together hold nearly 35% of the shares.

Therefore, although Lin Haoran has now become the largest shareholder, his 31.33% stake is actually not enough for him to seize control of Kowloon Motor Bus.

In other words, if Lin Haoran wants to take over Kowloon Motor Bus completely, he must at least make the shares he holds exceed those of the Kowloon Motor Bus Founders Alliance.

Lin Haoran thought about it and quickly made a decision. If he increased his holdings by a few more points, he would be able to completely control Kowloon Motor Bus.

In this case, there is no need to rush to announce it directly.

Although the Lei Juekun family holds 22% of Kowloon Motor Bus shares, their family's focus is not on Kowloon Motor Bus, but on Kowloon Development.

After all, everyone now knows that the real estate industry is the most profitable.

Moreover, Lei Juekun is also involved in the film industry. The Rediffusion Cinemas he controls is one of the four major cinema chains in Hong Kong, second only to Shaw Brothers Cinemas and Golden Harvest Cinemas.

Therefore, now that Kowloon Motor Bus’s stock price has risen so high, it is definitely impossible for them to continue investing money to increase their equity.

Not to mention other founding families who don't hold many shares. Even if they are asked to increase their holdings, they may not be able to come up with much money.

If they wanted to increase their stake, they would have done so years ago. Why wait until now?

"So, after the stock market opens tomorrow, you will make a large purchase on the stock market. You don't need to announce it yet. As for the upper limit of the share price, you will make the decision. In short, I want to see that before the stock market closes tomorrow, Universal Investment Company holds more than 36% of Kowloon Motor Bus's shares!" Lin Haoran said directly. 36% of the shares basically means that Kowloon Motor Bus has taken control, but it is not stable yet. It is possible that someone will unite and seize the controlling rights at any time.

If you want to be more stable, you just need to increase your holdings slowly later.

As a result, the stock price of Kowloon Motor Bus will naturally not be able to go up.

Massive buying will definitely cause the share price of Kowloon Motor Bus to rise faster, but for a stock that only increases by a few points, there is no need to delay.

Otherwise, the longer you delay, the higher the stock price will rise, and ultimately the cost will increase.

Therefore, the best way is to act quickly and decisively, learn from the "dawn assault" acquisition style of the Hong Kong Land Development Group, and take over Kowloon Motor Bus in one fell swoop.

If it were ten or twenty years later, this method would definitely not work, because there would be a stock placard system at that time.

However, the situation is different now. The current Hong Kong equity system is actually not very perfect and is full of loopholes. This is the best time to secretly acquire these listed companies.

Like Hong Kong's previous mergers and acquisitions, most of them were actually secretly acquired after a certain level of shares were acquired before being made public.

Some of the recruitment was done secretly, but the news was accidentally leaked and had to be made public.

For example, Li Ka-shing secretly acquired shares of Hutchison Whampoa in the past two years and reached a shareholding ratio of about 18%, but the information was accidentally leaked.

After a series of targeted measures by Jardine Matheson and after it was determined that it could not acquire Wharf Holdings, Li Ka-shing finally had to sell his shares in Wharf Holdings to Pao Yu-kong in exchange for conditions that were favorable to him.

"Okay boss, I know what to do!" Su Zhixue responded respectfully.

Since it was the boss's decision, he just had to obey.

The next day, at 5:14 a.m. on May , the stock market opened as scheduled.

Before the stock market opened, Su Zhixue organized the members of the Kowloon Motor Bus project team to hold a meeting. At the same time, he pulled the China Motor Bus project team, which had just been established and was about to be disbanded, into the Kowloon Motor Bus project team.

Today, they are going to make an all-out effort to increase their purchases of Kowloon Motor Bus shares.

Lin Haoran did not go to Wanqing Building until noon.

When I just arrived at the company, all the employees went to the cafeteria of the building to eat, but Su Zhixue was in the company. At this moment, he was studying the morning trading data in the office.

"Aren't you going to eat?" Lin Haoran asked in surprise.

"I have asked my colleagues to bring me a lunch box. It's no problem." Su Zhixue replied nonchalantly.

Lin Haoran nodded and asked, "How was the absorption this morning?"

Now that he is about to take control of Kowloon Motor Bus, even Lin Haoran takes it very seriously.

After all, if successful, he will have another listed company in his hands.

Moreover, the market value of Kowloon Motor Bus is not low and it has always been among the top 30 listed companies in Hong Kong.

Once he acquires Kowloon Motor Bus, he will own three listed public utility companies, including Hong Kong Electric Company, China Gas Company and Kowloon Motor Bus!
Now, he is not just a collector of British companies, he has to add a nickname: collector of listed public utility companies!
“Boss, when the market opened this morning, we did not rush to make a big move. Instead, we just increased our efforts to absorb the stock as usual. Without Sun Hung Kai Properties as a competitor, our absorption speed was indeed much faster.

In just one morning, we have increased our shareholding ratio by nearly 2%. In the afternoon, we will continue to steadily absorb and, before the market closes, we will directly collect all pending orders at once, allowing our shareholding ratio to exceed 36%!" Su Zhixue reported.

Lin Haoran nodded. With the increase of nearly 2% of shares, it means that they already own more than 33% of Kowloon Motor Bus shares. If they work harder in the afternoon, it will not be difficult to break through 36%.

At the same time, at the headquarters of the Great Eagle Group, Chairman Law Ying-shih was also listening to the report from his son Law Xurui.

Their strategic acquisition of Kowloon Motor Bus actually lasted not long, only about a week.

However, after entering, they found that the trading volume of Kowloon Motor Bus was getting bigger and bigger, but they did not absorb many stocks.

At first, they thought that the trading volume was large simply because Kowloon Motor Bus's stock was popular among ordinary investors.

However, when they actually took action against Kowloon Bus, they already felt something was wrong.

"You mean, Kowloon Motor Bus has other competitors?" asked Law Ying-shih.

“Yes, Daddy, I have consulted a securities trading expert, and he believes that besides us, there must be other consortiums that are absorbing Kowloon Motor Bus.

We currently hold a small number of shares in Kowloon Motor Bus. If someone is really much ahead of us, then our chances of success in acquiring Kowloon Motor Bus will not be high. Perhaps it would be better for us to change our target.

Haven't we studied Kowloon Motor Bus and China Motor Bus? Although China Motor Bus is slightly inferior to Kowloon Motor Bus, if Kowloon Motor Bus cannot be acquired, China Motor Bus may be our best alternative. " Luo Xurui replied.

Luo Yingshi walked back and forth in the office, thinking about the feasibility of this.

They have been acquiring shares for nearly a week and now hold 3.26% of Kowloon Motor Bus shares, which is indeed not a lot.

"What do you think? Let's try to contact Mr. Lei Juekun and see if we can get his 22% stake? Once we can get this 22% stake, we may be able to directly take over Kowloon Motor Bus! As far as I know, the Lei family has never been very concerned about the management rights of Kowloon Motor Bus. Maybe we can persuade them!" Luo Yingshi was unwilling to give up. (End of this chapter)

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